Class Dues

     Update January 13, 2022: Since July 2021 when the first dues request was mailed, the class response has been generous. Two hundred five dues cards have been returned; some with checks, some with credit card charges, many with tidbits of interesting personal news ( see PAW Class Notes) plus 16 online direct deposits. Twenty-five widows and five honorary classmates have contributed. Despite having 43 fewer classmates than the same time last year, the participation rate is up to 62%, already  greater than last year end figure of 57%. Our current census is 331 living classmates.. 

    There have been 82 donations to the Class Foundation compared to 68 for all of last year. As in the past, the few payments from classmates who intentionally or inadvertently sent a gift for second time have been donated to the Class Foundation. The number of second payment gifts to the Foundation this past six months has increased to 25, either the mark of heightened generosity or the consequence of increased forgetfulness. Since July 1, 2021, a total of $14,305.00 has been transferred into the Foundation. The total amount for Foundation gift transfers for all of last year was $9,960.00.

    This spring, Princeton University will take over the composition, printing and distribution of the Princeton Alumni Weekly. The magazine will continue to be mailed to all alumni free of charge. Removal of the PAW subscription cost from the class budget will allow for a substantial reduction in next year's dues fee.

 

 
    Fiscal year 2020-2021:  As with many so many activities we have long enjoyed, 1955 class events last year were sorely disrupted by the isolation and restrictions necessitated by the COVID-19 pandemic. During fiscal year 2020-21, there were no football games, only a virtual Alumni Day and no gathering for Reunions.   As of June 30, the end of the fiscal year, 231 or 55% of classmates had contributed class dues; this was down from the prior year's 59%.  20% of classmates also gave to the Class Foundation.  Dues were also paid by 30 widows. For a full report, go to Finances on the Administration page.  We begin the current fiscal year with 336 active class members. As of May 1, 2022, 222 dues payments have been received, 79 of which included gifts to the Class Foundation.                                                 


    As a reminder, July 1 through June 30 is our fiscal year. Most classmates promptly return the dues card with their payment when they receive the first notice in September. Even if dues are paid on line using the format below, It is important that the completed dues card be returned to the treasurer. This indicates the method of payment, changes of contact information and classmate personal news for PAW Class Notes.

 

    Class dues for FY 2022-23  will be decreased to $40.00 because we will no longer pay for PAW subscriptions.  As in the past, some classmates' enthusiasm outstrips their accounting skills and they send in their dues twice. These duplicate checks will be contributed to The Class of 1955 Foundation which aids '55ers who have fallen on hard times. Class dues and Foundation gifts are fully tax deductible.  

 

   Class dues should not be confused with Annual Giving. Dues are deposited in the Class of 1955 bank account and are used strictly for class activities. Donations to Annual Giving go into the University's general fund. Most classmates contribute to both.

 

   Fiscal Year 2021-22 opened with our class bank account at a somewhat meager $11,817.73. Dues enable many class events:
  •  Printing and mailing correspondence.
  • PAW subscriptions for all classmates & widows
  • Alumni Council Dues
  • Class awards
  • Website - www.Princeton55.org
  • Preparation and preliminary expenses for Reunions

The good news is that the class will no longer be billed for PAW subscriptions for classmates and widows. Starting this fiscal year, Princeton University will fully subsidize the cost for printing and mailing the PAW.

 

   Other events, which are self-supporting and not funded from the class treasury, include The Class of 1955 Foundation, Annual Giving, Princeton AlumniCorps (formerly Princeton Project 55), Fifty Five Fund for Senior Thesis Research, major reunions, receptions, dinners and class trips. We hope to include you in any or all of these activities. 

   Dues requests are mailed early in September along with the President's letter, again in November and in February. You may pay by check or major credit card online. Please return your completed dues card so that we can avoid sending follow up notices to those who have already responded. 

 

   Your financial contributions as well as your suggestions for additional activities are most welcome.  

 

By Mail:
If you have misplaced your dues card or the return envelope, you can send your check to: 

Class of 1955 Princeton University - Dues
c/o David H, Fulmer, Treasurer

2133 Windrow Drive,

Princeton, New Jersey 08540

Pay Online:
You are also able to pay your dues online. To do so, click the button below.




 

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